Forex Opinion & Analysis

Talking Points: NZD/USD Technical Strategy: Flat Support: 0.6647, 0.6568, 0.6458 Resistance:0.6704, 0.6787, 0.6923 The New Zealand dollar continues to edge lower along the bottom of a channel...

Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7499, 0.7417, 0.7283 Resistance:0.7566, 0.7632, 0.7715 The Australian dollar turned lower as expected against its US counterpart...

Talking Points: EUR/GBP Technical Strategy: Flat Support: 0.7074, 0.7045, 0.6987 Resistance: 0.7140, 0.7187, 0.7235 The euro gapped down below trend line support against the British pound but...

Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2524, 1.2448, 1.2372 Resistance: 1.2618, 1.2770, 1.2922 The US dollar continues to consolidate above the 1.25 figure against its...

USD/CHF INTRADAY CHART BIAS: While 0.9362-77 supports, we should see gains resume MAIN ANALYSIS: Strength has been seen to 0.9503 and has corrected lower. The reaction on open was limited, and...

AUD/USD – Monday, July 6th, 2015The Australian dollar hasn’t had its best week, falling sharply from above the key 0.77 level to a new six year low below 0.75. The AUD/USD is presently...

Greferendum:“OXI!”Greece has spoken and firmly rejected the austerity package offered by its European creditors.As we spoke about in this morning’s Asian Session Morning blog, it is...

The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the...

Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed...

AUD/USD Market Scenario 1: Long positions above 0.7595 with target @ 0.7625. Market Scenario 2: Short positions below 0.7595 with target @ 0.7558. Comment: The pair dropped sharply below support...

Focus of the day: USD: Don’t Forget About the Fed. Neutral. We see scope for USD to remain supported against most currencies in G10. Data over the past week has been strong, most notably...

By looking at a daily chart we clearly see that the pair is going in a down trend since May 2014, and since last April, the pair have been consolidate between the ranges 1.1 to 1.4.The price in recent...